Thread: Whats going on?
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Old 15-04-2008, 11:56 AM
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RalphJ RalphJ is offline
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Quote:
Originally Posted by Dotty View Post
Well once again,when you buy in Brasil and then sell you then have to pay taxes of 15%+ so the average will be about 7% and thats providing all your paperwork is in order and all bills paid upto date because if they are not then you will not be able to sell anyway!

For those that show a profit Dotty, yes, you have to pay taxes. Let me tell you, people in Brazil rarely show a profit when selling a piece of real estate, and when they do it's minute in comparison to the actual profit.
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